In the week ended Dec. 1, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose 12 basis points to 4.35% from 4.23% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields were 23 basis points higher to 4.03% from 3.80% in the prior week. It is at its highest level since Aug. 21, 2014 when it was at 4.21%.
The 11-Bond GO Index of higher-grade 20-year GO yields increased 23 basis points to 3.58% from 3.35% in the previous week. It is at its highest level since Nov. 25, 2014 when it was at 3.79%.
The Bond Buyer's Revenue Bond Index grew 25 basis points to 4.10% from 3.85% last week. It is at its highest level since Sept. 10, 2015 when it was at 4.25%.
The yield on the U.S. Treasury's 10-year note rose 13 basis points to 2.45% from 2.32%, while the yield on the Treasury's 30-year bond increased 10 basis points to 3.10% from 3.00% in the prior week.
